Press Digest: British Business - Jan 12

Carillion

12/01/2022 01:06

Jan 12 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy. 
    
    The Times
    
    The former KPMG partner responsible for auditing Carillion
Plc  CLLN.L , who is accused of creating false documents to
mislead inspectors, has claimed he was let down by junior
colleagues and was shopping with his wife on the afternoon of a
key meeting, a disciplinary tribunal heard. https://bit.ly/3rdgA1Q
 
    
    Private-equity firms CVC Capital and Bain Capital have
joined forces on a potential takeover of pharmacy chain Boots, 
owned by U.S.-based Walgreens Boots Alliance  WBA.O . https://bit.ly/3niZoa5
    
    The Guardian
    
    The Wellcome Trust, Britain's biggest charity, is ramping up
spending on science research to 16 billion pounds ($21.81
billion) over the next 10 years, with a focus on funding
next-generation COVID-19 vaccines, after it reaped the highest
investment returns in a quarter of a century. https://bit.ly/3th6D6r
        
    Senior professionals in the UK can expect pay increases of
up to 25% in the first quarter of 2022, as the economy begins to
open up following the lifting of Omicron-related restrictions
and companies fight to hold on to their best staff. https://bit.ly/3nkGPm9
    
    The Telegraph
    
    Terry Smith, manager of the 29 bln pounds Fundsmith Equity
fund has attacked Unilever PLC  ULVR.L  for its "ludicrous"
focus on sustainability, in a sign of growing city frustration
at blue chip companies championing fashionable causes. https://bit.ly/3FkZi8i
    
    The price of used cars in the UK shot up by almost a third
last year, leaving one in four models more expensive than their
new equivalents. https://bit.ly/3GoqPqE
    
    Sky News
    
    The British arm of German discount supermarket chain Lidl
has claimed to be the fastest-growing bricks and mortar retailer
in the UK following bumper Christmas sales. https://bit.ly/3tjznva
    
    Heathrow Airport has called for all coronavirus testing to
be dropped for fully-vaccinated people while revealing that at
least 600,000 passengers cancelled flights during the key
holiday month of December. https://bit.ly/33blLYb
    
     ($1 = 0.7336 pounds)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))